Friday, September 18, 2020

Macau

Melco Crown Q4 gains on strong mass market

Melco Crown Entertainment says Q4 adjusted EBITDA rose 49 percent to $369 million, boosted by strong mass market and rolling chip revenues and cost...

Macau VIP gaming share hits record low in Jan.

The share of revenue from VIP gaming fell to 60.6 percent in January, a record low, according to Telsey Advisory Group and that trend...

Galaxy, LVS biggest gainers in first days of Feb, UBS says

Galaxy Entertainment and Las Vegas Sands saw gains in their market share in the first nine days of February, while the other main concessionaires...

SJM Holdings, eGame Solutions Holdings form lottery joint venture

SJM Holdings and eGame Solutions have formed a joint venture to provide a national lottery in five different countries. SJM unit EML will own...

Macau visitors splash 84 percent of cash on gambling

Visitors to Macau spend 84 percent of the money they spend in the territory on gambling, according to a Statistics and Census Service survey....

Macau Jockey Club plans to reopen casino

The Macau Jockey Club is planning to reopen its casino, local media reported Chief Executive Thomas Li Chu Kwan as saying. The property is...

Casinos see New Year cheer after slow start

Casino revenue in the first six days of February reached 8.03 billion patacas ($1.04 billion), with takings soaring from Tuesday after a slow start...

Goldman Sachs still bullish on Macau

Goldman Sachs says it’s maintaining its estimates for gross gambling revenue growth in Jan-Feb to be in the low to mid-teens and says it’s...

Wynn Resorts price target, EPS forecasts raised by Sterne Agee

Sterne Agee has raised its 2014 and 2015 EPS estimates for Wynn Resorts, but warned that capacity restraints in Macau will hold the company...

SJM to open Cotai resort in three years, Ambrose

SJM Holdings Ltd is breaking ground on its Cotai property on Thursday 13 February. The operator plans to open its first Cotai casino-resort within...

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Yokohama anti-casino signature drives preparing to launch

The two major citizen group efforts to head off IR development plans in Yokohama are preparing to launch their signature drives, keeping the political...

Galaxy declares no affiliation with online gambling

The Galaxy Entertainment Group (GEG) issued a statement this week distancing itself from all forms of online gambling and warning its customers to be...